Oshkosh Co. (NYSE:OSK – Get Free Report) CMO Bryan K. Brandt sold 3,250 shares of the company’s stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $103.63, for a total transaction of $336,797.50. Following the completion of the sale, the chief marketing officer now owns 7,848 shares of the company’s stock, valued at approximately $813,288.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Oshkosh Trading Down 0.4 %
Shares of NYSE:OSK opened at $102.30 on Thursday. Oshkosh Co. has a 52-week low of $69.30 and a 52-week high of $106.66. The company has a market capitalization of $6.68 billion, a P/E ratio of 16.91, a price-to-earnings-growth ratio of 0.37 and a beta of 1.40. The company has a 50-day simple moving average of $95.65 and a 200 day simple moving average of $85.82. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.03 and a current ratio of 1.81.
Oshkosh (NYSE:OSK – Get Free Report) last issued its earnings results on Tuesday, August 1st. The company reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $1.12. Oshkosh had a net margin of 4.45% and a return on equity of 14.22%. The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same period last year, the business posted $0.41 EPS. Oshkosh’s revenue was up 16.8% on a year-over-year basis. Sell-side analysts forecast that Oshkosh Co. will post 8.08 earnings per share for the current year.
Oshkosh Dividend Announcement
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on OSK. JPMorgan Chase & Co. increased their target price on Oshkosh from $97.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. KeyCorp increased their target price on Oshkosh from $110.00 to $124.00 and gave the stock an “overweight” rating in a report on Wednesday, August 2nd. Credit Suisse Group increased their target price on Oshkosh from $96.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, August 3rd. Raymond James increased their target price on Oshkosh from $100.00 to $120.00 and gave the stock an “outperform” rating in a report on Wednesday, August 2nd. Finally, Stifel Nicolaus restated a “buy” rating and issued a $115.00 price objective on shares of Oshkosh in a report on Thursday, August 31st. Five analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $109.07.
View Our Latest Stock Analysis on Oshkosh
Institutional Investors Weigh In On Oshkosh
Hedge funds have recently bought and sold shares of the company. WealthPLAN Partners LLC acquired a new stake in Oshkosh during the first quarter worth approximately $25,000. Headlands Technologies LLC acquired a new stake in Oshkosh during the second quarter worth approximately $26,000. Money Concepts Capital Corp lifted its position in Oshkosh by 1,359.1% during the fourth quarter. Money Concepts Capital Corp now owns 321 shares of the company’s stock worth $28,000 after acquiring an additional 299 shares during the last quarter. Signaturefd LLC lifted its position in Oshkosh by 86.7% during the second quarter. Signaturefd LLC now owns 366 shares of the company’s stock worth $32,000 after acquiring an additional 170 shares during the last quarter. Finally, SRS Capital Advisors Inc. lifted its position in Oshkosh by 284.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 434 shares of the company’s stock worth $38,000 after acquiring an additional 321 shares during the last quarter. 88.71% of the stock is currently owned by institutional investors and hedge funds.
About Oshkosh
Oshkosh Corporation designs, manufacture, and markets specialty trucks and access equipment vehicles worldwide. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.
Featured Stories
- Five stocks we like better than Oshkosh
- CD Calculator: Certificate of Deposit Calculator
- These Quality Dividend Kings Grow their Dividends the Fastest
- What Are Dividend Achievers? An Introduction
- 3 Growth Stocks to Buy in September
- What to Know About Investing in Penny Stocks
- 3 Underappreciated Stocks with Nowhere to Go But Up
Receive News & Ratings for Oshkosh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh and related companies with MarketBeat.com's FREE daily email newsletter.
